Friday, January 16 2026

Cherat Cement to invest Rs1.85bn in battery storage, solar capacity
n a move to curb escalating electricity costs and expand renewable energy use, Cherat Cement Company Limited (CHCC) has decided to install a 25 megawatt (MW) battery energy storage system alongside a 5.4MW solar power plant at its Nowshera manufacturing facility. The listed company engaged in the manufacturing of cement disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. “We are pleased to inform that the Board of Directors of the company vide circular resolution has approved installation of a 25MW Battery Energy Storage System (BESS) and an additional 5.4MW solar power plant at the Factory Site, Nowshera, Khyber Pakhtunkhwa,” read the notice.
Related news categories: business cement economic-indicators psx stock-exchanges
Related symbols: chcc (news stock)